[vc_row][vc_column][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]
List Price
Firm Deal
CAP RATE
4.5%
NOI
$96,046
YEAR BUILT
1951
BUILDING SIZE
11 Suites
OCCUPANCY
100%
ZONING
C-3
[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_text_separator title="The Offering"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “West End Apartments”. This 11-suite rental apartment building is centrally located on the south side of Esquimalt
Road in Greater Victoria. The offering presents the opportunity for investors to acquire a 100% leased rental property that offers the ability to increase cash-flow and yield by renovating and updating suites as they turn over and leasing them at higher market rents.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner width="1/2"][vc_text_separator title="Building Features"][vc_column_text]
Contemporary three-storey rental apartment building constructed circa 1951 comprising wood-frame construction presumed to be set on a concrete slab foundation with reinforced concrete perimeter footings;
11 Residential suites comprising 4 studio suites, 6 one-bedroom suites and a two-bedroom suite. Two of the studio suites have direct exterior access;
All suites are self-contained and include a four-piece bathroom, with a sink and vanity, a toilet and a bathtub with shower and tile surround
Additional revenue is generated by the 4 garages and additional storage units located at the rear of the property
The ground floor contains the boiler room, the electrical room, the laundry room (1-washer & 1-dryer)
The boiler is a new high-efficiency unit.
[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_text_separator title="Parking & Site"][vc_column_text]
The building is situated towards the front of the 7,860 sq. ft. site, with parking and garages located behind towards the southern property line.
There is parking for approximately 4 vehicles behind the building.
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_text_separator title="Location"][vc_column_text]The West End Apartments is centrally located on Esquimalt Road in the Township of Esquimalt, in the heart of Greater Victoria, just minutes from the Victoria Downtown Core, the Parliament Buildings and Victoria’s Inner Harbour. The City of Victoria is the capital of British Columbia and is located on the southern tip of Vancouver Island, overlooking the Strait of Juan de Fuca. Tenants of The West End Apartments enjoy convenient access to a significant cross section of local amenities including grocery shopping, shops and services, a selection of restaurants, financial institutions, specialty retailers and numerous city parks.
The property benefits from being on the public transportation line with a transit stop conveniently located just a few steps away offering tenants in the building hassle-free transportation options for work and shopping. The subject property is also located next to the Esquimalt Plaza, a grocery anchored Shopping Centre. The building’s location within a quiet and friendly neighborhood and its close proximity to downtown Victoria and amenities will allow it to continue to attract and retain quality tenants.[/vc_column_text][/vc_column][vc_column width="1/2"][vc_row_inner][vc_column_inner][vc_btn title="Download Brochure" color="green" align="center" i_icon_fontawesome="fa fa-book" button_block="true" add_icon="true" link="url:http%3A%2F%2Fwww.cbre.ca%2FAssetLibrary%2F1177EsquimaltRd_Brochure_2018.pdf|||"][/vc_column_inner][/vc_row_inner][vc_text_separator title="Contact"][vc_column_text]
Lance Coulson
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com
Greg Ambrose
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="420 Holly Avenue" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533850541902{margin-bottom: 0px !important;}"]
STATUS
FIRM DEAL
YEAR BUILT
1966
BUILDING SIZE
10 Suites
SUITE MIX
2 X One Bedroom
8 X Two Bedroom Townhouse
Total = 10 Suites
NOI
$71,568
PRICE PER SUITE
$150,000
CAP RATE
4.77%
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1530726137863{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Buckingham Arms Apartments,” a fully leased, well-maintained 10-suite rental apartment building conveniently located in Nanaimo, British Columbia. The offering represents the opportunity for investors to acquire a 100% leased, ocean view apartment property that has been substantially updated with the potential to increase cash-flow and yield by moving rents in the remaining suites to market on turnover.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]Located in the classic West Coast community of Nanaimo, the Buckingham Arms Apartments is centrally located just minutes from Nanaimo’s historic Downtown core, the Departure Bay Ferry Terminal, Nanaimo’s harbour and the Hospital. The City of Nanaimo is centrally located on the east coast of Vancouver Island 113 km north of Victoria overlooking the Straight of Juan De Fuca.
The property’s central location provides convenient access to a host of tenant friendly amenities and public transportation providing tenants with options for work, shopping and recreation. The property’s proximity to the Old City Quarter, offers tenants convenient access to Nanaimo’s vibrant shopping and dining district and a cross section of shops and services. Furthermore, the property is well situated for recreation, just a few blocks from the 36 hectare Bowen Park, with extensive trail network and outdoor pool and the Harbourfront Walkway, a bicycle and pedestrian-friendly trail that runs along the Newcastle Channel and downtown waterfront.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1530723813004{background-color: #0f3b46 !important;border-radius: 25px !important;}"]69[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1530723823631{background-color: #0f3b46 !important;border-radius: 25px !important;}"]42[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1622,1624,1623,1629,1628,1625,1627,1626" css_animation="none"][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="420 Holly Avenue" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533850541902{margin-bottom: 0px !important;}"]
STATUS
FIRM DEAL
YEAR BUILT
1966
BUILDING SIZE
10 Suites
SUITE MIX
2 X One Bedroom
8 X Two Bedroom Townhouse
Total = 10 Suites
NOI
$71,568
PRICE PER SUITE
$150,000
CAP RATE
4.77%
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1530726137863{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Buckingham Arms Apartments,” a fully leased, well-maintained 10-suite rental apartment building conveniently located in Nanaimo, British Columbia. The offering represents the opportunity for investors to acquire a 100% leased, ocean view apartment property that has been substantially updated with the potential to increase cash-flow and yield by moving rents in the remaining suites to market on turnover.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]Located in the classic West Coast community of Nanaimo, the Buckingham Arms Apartments is centrally located just minutes from Nanaimo’s historic Downtown core, the Departure Bay Ferry Terminal, Nanaimo’s harbour and the Hospital. The City of Nanaimo is centrally located on the east coast of Vancouver Island 113 km north of Victoria overlooking the Straight of Juan De Fuca.
The property’s central location provides convenient access to a host of tenant friendly amenities and public transportation providing tenants with options for work, shopping and recreation. The property’s proximity to the Old City Quarter, offers tenants convenient access to Nanaimo’s vibrant shopping and dining district and a cross section of shops and services. Furthermore, the property is well situated for recreation, just a few blocks from the 36 hectare Bowen Park, with extensive trail network and outdoor pool and the Harbourfront Walkway, a bicycle and pedestrian-friendly trail that runs along the Newcastle Channel and downtown waterfront.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1530723813004{background-color: #0f3b46 !important;border-radius: 25px !important;}"]69[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1530723823631{background-color: #0f3b46 !important;border-radius: 25px !important;}"]42[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1622,1624,1623,1629,1628,1625,1627,1626" css_animation="none"][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="420 Holly Avenue" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533850541902{margin-bottom: 0px !important;}"]
STATUS
FIRM DEAL
YEAR BUILT
1966
BUILDING SIZE
10 Suites
SUITE MIX
2 X One Bedroom
8 X Two Bedroom Townhouse
Total = 10 Suites
NOI
$71,568
PRICE PER SUITE
$150,000
CAP RATE
4.77%
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1530726137863{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The CBRE National Apartment Group has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Buckingham Arms Apartments,” a fully leased, well-maintained 10-suite rental apartment building conveniently located in Nanaimo, British Columbia. The offering represents the opportunity for investors to acquire a 100% leased, ocean view apartment property that has been substantially updated with the potential to increase cash-flow and yield by moving rents in the remaining suites to market on turnover.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]Located in the classic West Coast community of Nanaimo, the Buckingham Arms Apartments is centrally located just minutes from Nanaimo’s historic Downtown core, the Departure Bay Ferry Terminal, Nanaimo’s harbour and the Hospital. The City of Nanaimo is centrally located on the east coast of Vancouver Island 113 km north of Victoria overlooking the Straight of Juan De Fuca.
The property’s central location provides convenient access to a host of tenant friendly amenities and public transportation providing tenants with options for work, shopping and recreation. The property’s proximity to the Old City Quarter, offers tenants convenient access to Nanaimo’s vibrant shopping and dining district and a cross section of shops and services. Furthermore, the property is well situated for recreation, just a few blocks from the 36 hectare Bowen Park, with extensive trail network and outdoor pool and the Harbourfront Walkway, a bicycle and pedestrian-friendly trail that runs along the Newcastle Channel and downtown waterfront.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1530723813004{background-color: #0f3b46 !important;border-radius: 25px !important;}"]69[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1530723823631{background-color: #0f3b46 !important;border-radius: 25px !important;}"]42[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1622,1624,1623,1629,1628,1625,1627,1626" css_animation="none"][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533858320055{margin-bottom: 0px !important;}"]
STATUS
FIRM DEAL
BUILDING SIZE - 2154 Dundas St
11,395 Sq. Ft.
BUILDING SIZE - 2164 Dundas St
6,039 Sq. Ft
CURRENT IMPROVEMENT
2154 Dundas St - 18 Suite Apartment Building
2164 Dundas St - 3 Suite Rental House
CURRENT ZONING
RM-3A Multi Family Dwelling
OCP DESIGNATION
Cedar Cove Dundas Shopping Node Land Use
INCOME IN PLACE
Contact Agents for Details
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1533858539945{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The offering consists of two separate properties (herein referred to as the “Property”) which includes a three storey, 18-suite rental apartment building at 2154 Dundas Street and a 3-suite rental house located at 2164 Dundas Street, providing a good holding income.
2154 Dundas Street contains 18 suites and recently underwent an extensive retrofit which included updated plumbing and electrical and is currently 100% occupied.
2164 Dundas Street is a rental house containing 3 self-contained two and three bedroom suites. The property has a new roof, some interior improvements and is currently vacant, providing the purchaser with flexibility while considering redevelopment.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]
Strategically located on the Southwest corner of Templeton Drive and Dundas Street in the heart of East Vancouver’s trendy Grandview-Woodland Neighborhood.
The Subject Property is situated just minutes from Downtown Vancouver, East Hastings Street and Highway 1, providing quick and easy access throughout Vancouver and neighboring municipalities.
Located in the rapidly transitioning Port Town, just a few short blocks from the Hastings-Sunrise neighborhood providing access to a host of tenant-friendly amenities.
The Property enjoys excellent public transit service with a Translink bus stop situated immediately in front of the building providing tenants, businesses and their clients with direct access to Downtown Vancouver and reliable transportation throughout Metro Vancouver.
The recent influx and transformation of the area surrounding the Subject Property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company and Tacofino Commissary, which are all located in close proximity to the Subject Property.
[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1533858449644{background-color: #0f3b46 !important;border-radius: 25px !important;}"]90[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1533858462435{background-color: #0f3b46 !important;border-radius: 25px !important;}"]71[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Bike Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1533858472057{background-color: #0f3b46 !important;border-radius: 25px !important;}"]92[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1706,1707,1708,1709,1710"][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="Summary" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1533858320055{margin-bottom: 0px !important;}"]
STATUS
FIRM DEAL
BUILDING SIZE - 2154 Dundas St
11,395 Sq. Ft.
BUILDING SIZE - 2164 Dundas St
6,039 Sq. Ft
CURRENT IMPROVEMENT
2154 Dundas St - 18 Suite Apartment Building
2164 Dundas St - 3 Suite Rental House
CURRENT ZONING
RM-3A Multi Family Dwelling
OCP DESIGNATION
Cedar Cove Dundas Shopping Node Land Use
INCOME IN PLACE
Contact Agents for Details
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1533858539945{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]The offering consists of two separate properties (herein referred to as the “Property”) which includes a three storey, 18-suite rental apartment building at 2154 Dundas Street and a 3-suite rental house located at 2164 Dundas Street, providing a good holding income.
2154 Dundas Street contains 18 suites and recently underwent an extensive retrofit which included updated plumbing and electrical and is currently 100% occupied.
2164 Dundas Street is a rental house containing 3 self-contained two and three bedroom suites. The property has a new roof, some interior improvements and is currently vacant, providing the purchaser with flexibility while considering redevelopment.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]
Strategically located on the Southwest corner of Templeton Drive and Dundas Street in the heart of East Vancouver’s trendy Grandview-Woodland Neighborhood.
The Subject Property is situated just minutes from Downtown Vancouver, East Hastings Street and Highway 1, providing quick and easy access throughout Vancouver and neighboring municipalities.
Located in the rapidly transitioning Port Town, just a few short blocks from the Hastings-Sunrise neighborhood providing access to a host of tenant-friendly amenities.
The Property enjoys excellent public transit service with a Translink bus stop situated immediately in front of the building providing tenants, businesses and their clients with direct access to Downtown Vancouver and reliable transportation throughout Metro Vancouver.
The recent influx and transformation of the area surrounding the Subject Property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company and Tacofino Commissary, which are all located in close proximity to the Subject Property.
[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1533858449644{background-color: #0f3b46 !important;border-radius: 25px !important;}"]90[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1533858462435{background-color: #0f3b46 !important;border-radius: 25px !important;}"]71[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Bike Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1533858472057{background-color: #0f3b46 !important;border-radius: 25px !important;}"]92[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="image_grid" images="1706,1707,1708,1709,1710"][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="2779 Maple Street" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1528742277701{margin-bottom: 0px !important;}"]
LIST PRICE
FIRM DEAL
YEAR BUILT
1973
BUILDING SIZE
21 Suites
SUITE MIX
7 X One Bedroom
14 X Two Bedroom
Total = 21 Suites
NOI
Contact agent for details
PRICE PER SUITE
Contact agent for details
CAP RATE
Contact agent for details
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1528742045245{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Maple Manor Apartments” in Abbotsford. Maple Manor is a well-maintained 3-storey 21-unite apartment building with an excellent suite mix, including: 7 one-bedroom units, and 14 spacious two-bedroom units. The building has been well-maintained with recently updated common areas, suites, and a newer roof. Current rents are below market rate, providing an excellent upside opportunity.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]The “Maple Manor Apartments” is strategically located in close proximity to George Ferguson Way, and within walking distance to Abbotsford historic downtown neighbourhood and within minutes of Sevenoaks Shopping center with a host of tenant friendly amenities including: Hudson's Bay, Shoppers Drug Mart, Best Buy, CIBC, RBC, and many other shops and services. Maple Manor is surrounded by parks and lakes including: Ravine Park. Berry Park, Mill Lake Babich Park, and Horn Creek Park, offering plenty of hiking and picnic options for tenants.[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1528741884015{background-color: #0f3b46 !important;border-radius: 25px !important;}"]87[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1528741892597{background-color: #0f3b46 !important;border-radius: 25px !important;}"]57[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Bike Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1528741902449{background-color: #0f3b46 !important;border-radius: 25px !important;}"]68[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]
[vc_row][vc_column width="1/3"][vc_text_separator title="2285 Triumph Street" el_id="offering"][vc_column_text el_id="property_grid" css=".vc_custom_1524871979930{margin-bottom: 0px !important;}"]
LIST PRICE
$6,160,000
YEAR BUILT
1971 (renovated in 2017)
BUILDING SIZE
6 Suites
SUITE MIX
13 X One Bedroom
3 X Two Bedroom
Total = 16 Suites
NOI
$207,252
PRICE PER SUITE
$385,000
CAP RATE
3.36%
[/vc_column_text][vc_column_text css_animation="fadeInLeft" css=".vc_custom_1523989131941{margin-bottom: 0px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #000000 !important;}" el_class="schedule_appointment"]
Schedule Appointment
[/vc_column_text][vc_column_text css_animation="fadeInUp" css=".vc_custom_1528410761289{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #bfd857 !important;}" el_class="brochure"] Download Brochure[/vc_column_text][/vc_column][vc_column width="2/3" el_class="property_content"][vc_text_separator title="The Offering" title_align="separator_align_left"][vc_column_text]CBRE Limited has been retained by the Owner on an exclusive basis to offer the 100% interest in the “Garden Manor Apartments”. Garden Manor is a substantially renovated 3-storey plus underground parkade, 16-suite rental apartment building prominently located in the highly sought-after Grandview-Woodland Neighborhood. The Offering provides prospective investors the opportunity to increase cash flow and yield by renovating the remaining 5 un-renovated suites on turnover and increasing rents to match the rents currently being achieved within the building. Additionally, due to the property's inclusion in the recently approved Grandview-Woodland Community Plan there is significant future redevelopment opportunity.[/vc_column_text][vc_text_separator title="Location" title_align="separator_align_left"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant friendly amenities.
[/vc_column_text][/vc_column][/vc_row][vc_row full_width="stretch_row" disable_element="yes" css=".vc_custom_1523919993135{background-color: #f2f2f2 !important;}"][vc_column el_id="location"][vc_text_separator title="Location"][vc_column_text]The “Garden Manor Apartments” is strategically located on the northwest corner of Garden Avenue and Triumph Street within East Vancouver’s trendy Grandview Woodland Neighborhood. The subject property is just minutes from Downtown Vancouver, the Trans-Canada Highway, the North Shore and Vancouver Harbour. Garden Manor is within walking distance to the transforming East Hastings Corridor, which is being rejuvenated with numerous planned mixed-use developments comprising a complementary mix of residential, retail, shops and services. The property is also conveniently located just a few blocks from Commercial Drive comprising an electric mix of restaurants, specialty shops & services, grocery and many other tenant-friendly amenities.
The recent influx and transformation of the area surrounding the subject property has attracted new retailers and notable hot spots such as JJ Bean Coffee Roasters, Parallel 49 Brewing Company, The Red Wagon and the Tacofino Commissary, which are all located in close proximity to the Garden Manor Apartments.
2285 Triumph Street's close proximity to Downtown Vancouver, walking distance to an excellent cross section of tenant-friendly amenities and its location in a safe, quiet and friendly neighborhood will continue to attract and retain quality tenants.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_text_separator title="Contact" title_align="separator_align_left"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text]LANCE COULSON
Personal Real Estate Corporation
Executive Vice President
T +1 604 662 5141
lance.coulson@cbre.com[/vc_column_text][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]
GREG AMBROSE
Senior Sales Associate
T +1 604 662 5178
greg.ambrose@cbre.com
[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3" css=".vc_custom_1524083617313{margin-top: 0px !important;margin-bottom: 0px !important;}" el_id="walkscore"][vc_row_inner el_class="walkscore"][vc_column_inner width="1/3"][vc_column_text]
Walk Score
[/vc_column_text][vc_cta h2="Walk Score" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_walk" i_color="white" i_size="xl" css=".vc_custom_1524866958012{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Transit Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bus" i_color="white" i_size="xl" css=".vc_custom_1524084665677{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][vc_column_inner width="1/3"][vc_column_text]
Bike Score
[/vc_column_text][vc_cta h2="" txt_align="center" el_width="sm" add_icon="top" i_type="material" i_icon_material="vc-material vc-material-directions_bike" i_color="white" i_size="xl" css=".vc_custom_1524084679268{background-color: #0f3b46 !important;border-radius: 25px !important;}"]88[/vc_cta][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]